Bucks County Five-Year Percentage Decline in EmploymentThe
Unclassified industry has lost the largest percent of jobs, losing 97.9 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Pennsylvania, where the industry felt a loss of 88.9 percent. The losses in the
Unclassified industry in Bucks County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 1.7 in percent of workers in the
Unclassified industry.
Top 5 Industries 1. Unclassified (97.9 percent decline)
2. Beverage manufacturing (82.1 percent decline)
3. Animal slaughtering and processing (77.5 percent decline)
4. Power generation and supply (65.7 percent decline)
5. Steel product mfg. from purchased steel (57 percent decline)
Bucks County Five-Year Percentage Growth in EmploymentThe
Other residential care facilities industry has witnessed the largest percentage of employment expansion, increasing by 378.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Bucks County has grow faster than the growth seen in the industry for Pennsylvania, where the industry felt a gain of 9.3 percent. The
Other residential care facilities industry in Bucks County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.5 percent.
Top 5 Industries 1. Other residential care facilities (378.9 percent gain)
2. Wireless telecommunications carriers (331.1 percent gain)
3. Internet publishing and broadcasting (231.4 percent gain)
4. Management of companies and enterprises (181.0 percent gain)
5. Farm product raw material merch. whls. (181.0 percent gain)
Total industry employment has increased by 6.5 percent from 2001 (2nd Quarter). These figures are greater than growth in Pennsylvania, which saw a gain of 0.5 percent from the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.
In Bucks County, Pennsylvania, the aggregate employment for all industry sectors has increased by 14,768 jobs between mid-2001 and mid-2006.
Of the 200 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 84 described an expansion of jobs throughout the time period, while 116 industry sectors accounting for employment declines during that time period.
Total Five-Year Employment Decline in Bucks CountyThe
Nursing care facilities industry faced the greatest employment loss with a total loss of 1,727 jobs in that time period. The declines in the
Nursing care facilities industry make up 10.9 percent of the employment lost during the period in Bucks County, Pennsylvania.
Top 5 Industries 1. Nursing care facilities (1,727 jobs lost)
2. Sporting goods and musical instrument stores (847 jobs lost)
3. Department stores (789 jobs lost)
4. Metalworking machinery manufacturing (676 jobs lost)
5. Other general purpose machinery manufacturing (655 jobs lost)
Total Five-Year Employment Growth in Bucks CountyOut of the 4-digit NAICS industries, the
Management of companies and enterprises industry has grown the most with 2,109 new jobs created in the period. The job growth in the
Management of companies and enterprises industry makes up 6.7 percent of the total employment growth in Bucks County.
Top 5 Industries 1. Management of companies and enterprises (2,109 new jobs)
2. Community care facilities for the elderly (1,919 new jobs)
3. Full-service restaurants (1,807 new jobs)
4. General medical and surgical hospitals (1,345 new jobs)
5. Building equipment contractors (1,264 new jobs)
About: This report is part 2 of 6 in the
eCanned.com Industry Analysis Series.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.